BSECompany Update3d ago · 2 Nov 2026, 08:39 pm
The Belrise Industries Limited ("Company") has informed to the exchange that the Company has entered into the License and Technical Assistance Agreement with Yamato Co., Ltd. Japan.
Belrise Industries Ltd · 544405
✦ AI SummaryJoint Venture
Belrise Industries Ltd has entered into a License and Technical Assistance Agreement with Yamato Co., Ltd. Japan to grant license and render technical assistance for design, development, testing, and manufacturing support for air filters, oil filters, and resin air intake manifold products for Indian Automotive and Industrial OEMs.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10
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Full Announcement
Belrise Industries Ltd - 544405 - Announcement Under Regulation 30 Of The SEBI Listing Regulations, 2015 Read With Part A, Para B Of Schedule III.
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Date: November 02, 2026
The Secretary, Listing The Secretary, Listing Department
Department BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra
Dalal Street, Kurla Complex, Bandra Kurla (E),
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 544405 Symbol: BELRISE
ISIN: INE894V01022 ISIN: INE894V01022
Sub: Entering into License and Technical Assistance Agreement
Ref: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/ Madam,
This is to inform you pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, read with Part A, Para B of Schedule III of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, the Company has entered into the
License and Technical Assistance agreement (“Agreement”) with Yamato Co., Ltd. Japan to grant
license and render technical assistance to the company on design, development, testing and
manufacturing support for the Products, including air filters, oil filters and resin air intake manifold
products, for Indian Automotive and Industrial OEMs.
Please find herewith the disclosure containing details as required under SEBI Master Circular No.
SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, annexed herewith as
‘Annexure A’.
This intimation will also be hosted on the Company’s website under the tab ‘Investor Relations’ at
https://belriseindustries.com
You are requested to take the above on record.
Thanking you,
Yours faithfully,
For Belrise Industries Limited
Siddhesh Mandke
Company Secretary and Compliance Officer
Membership No. A20101
Encl: as above
Annexure A
Disclosure Under Part A, Para B of Schedule III read with Regulation 30 of the SEBI
(Listing Obligation and Disclosure Requirements) Regulations, 2015
Sl. Particulars Description
1. Name of the entity(ies) with whom YAMATO CO., LTD., (“YAMATO”) a Company
agreement is signed; incorporated under the laws of Japan, having its office
at 2285-1, ONO, Hamana-ward, Hamamatsu-city,
Shizuoka-Pref, 4340002, Japan.
2. Area of agreement / JV; License and Technical Assistance Agreement
(“Agreement”)
3. Domestic/international; Domestic
4. Share exchange ratio / JV ratio; Not Applicable
5. Scope of business operation of agreement/ YAMATO grants to Belrise Industries Limited (“BIL”)
JV; a license to manufacture and sell the Products
throughout the Territory (Republic of India) by using
the Know-How (“License”) and in compliance with
such conditions and for such duration as mentioned in
the Agreement.
YAMATO shall support on design, development,
testing and manufacturing support for the Products,
including air filters, oil filters and resin air intake
manifold products, for Indian Automotive and
Industrial OEMs and as more specifically described in
the Agreement.
6. Details of consideration paid/received in The consideration payable by BIL to YAMATO shall be
agreement/ JV; in the form of Royalty and Technical Assistance Fee
as described in the Agreement.
7. Significant terms and conditions of Same as 5 and 6 above.
agreement/ JV in brief;
8. Whether the acquisition would fall within Not Applicable.
related party transactions and whether the
promoter/ promoter group/ group companies
have any interest in the entity being
acquired? If yes, nature of interest and
details thereof and whether the same is
done at “arm’s length”; ix. size of the
entity(ies);
9. Size of the entity(ies); Belrise Industries Ltd is an automotive component
manufacturing company offering a diverse range of
safety critical systems and other engineering solutions
for two-wheelers and three-wheelers having a
standalone turnover of approximately Rs. 7500
Crores. YAMATO is a Japan based company engaged
in the business of manufacturing filtration products
and providing technical and business support primarily
in relation to air & oil filtration products used in the
automotive industry and other non-automotive
sectors, and possesses know-how for converting
intake manifolds from metal to resin. YAMATO has a
turnover of approximately Rs. 100 Crores.
10. Rationale and benefit expected. To get a license and technical assistance from
YAMATO to manufacture and sell such specific
automobile components in the Republic of India.